College Costs Rising
WASHINGTON (AP) — Despite all the grumbling about tuition increases and student loan costs, other college expenses also are going up. The price of housing and food trumps tuition costs for students who attend two- and four-year public universities in their home states, according to a College Board survey.
Even with the lower interest rates on student loans that President Barack Obama signed into law, students are eyeing bills that are growing on just about every line. For example, tuition for students attending public four-year schools in their state cost an average of $8,655 last year, a 5 percent jump from the previous year. They paid more than that — $9,205 — for housing and food.